WASHINGTON -- President Donald Trump's annual financial disclosure report confirms he reimbursed his lawyer, Michael Cohen for expenses totaling up to $250,000 including $130,000 in funds for a payment made to porn star Stormy Daniels.

The payment to Daniels was made as a payoff in order for Daniels to keep quiet about an alleged sexual encounter with Trump more than a decade ago.

Trump released the form in order to be "transparent" about the alleged payment, but hinted that he was not required to do so. However, a note on the first page of the report from officials says the form required the explanation for the payment.

"The information related to the payment made by Mr. Cohen is required to be reported," the officials said in the note. "The information provided meets the disclosure requirement for a reportable liability."

Trump attorney Rudy Giuliani first revealed the payment earlier this month when he admitted during a TV interview that Trump was aware of the payment, but may not have known exactly what it was for.

The payment was made in 2016 by Cohen and fully reimbursed by Trump in 2017.